The "Perks" Of UNRegulated-Capitalism!!

Mr. Shaman

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Nov 27, 2007
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"Prosperity, apparently forgiving of mistakes, bred the complacency that undid prosperity. On bad mortgages, losses could be recovered by selling the homes at higher values. Thus rationalized, bad loans were made. Some stocks might decline, but over time, most would rise. Risk seemed to recede, so investors and money managers undertook riskier strategies."​
.....And, MBA-Georgie figured the best-course-of-action (to support this agenda) was to allow our favorite loan-shark (China) to finance it. :rolleyes:
 
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